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China wants to dethrone the US dollar as the leading currency across the globe

With China striving to build up its internal economy in order to reduce reliance on the dollar, some experts say this could lead to an eventual turnover of spending power

Hong kongFang xinghaiVladimir putinYu yongdingSun yaoRussian financial allianceChina harbin bankChina securities regulatory commissionBloomberg creative photosGoogle newsPresident vladimir putinUnited stateSino russian financialHarbin bankChina mongolia russia economic corridorXi jinping

China s Regional De-Dollarization Plans Are Speeding Up

Regional groups and small banks are helping insulate Beijing against sanctions.

National bankAl qahirahHong kongSouth africaTajikistan generalUnited statesPrimorskiy krayUnited arab emiratesSaudi arabiaGorod astanaKyrgyz republicVladimir norovVladimir putinTayyip erdoganZhang hanhuiWang qishan

China and Russia Challenge the US Dollar

Commentary A strong U.S. dollar, rising inflation, and energy costs have provided China and Russia an opportunity to .

South africaSouth africanAntonio graceffoKawran bazarAl mamun mridhaMikhail metzelElvira nabiullinNarendra modiSun yaoVladimir putinRussian financial allianceBangladesh china chamberEastern economic forum in vladivostokBangladesh bankChina harbin bankDevelopment bank

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